East West Bancorp Q3 Profit Rises 2%

(RTTNews) - East West Bancorp (EWBC) announced earnings for its third quarter that rose from last year.

The company said its bottom line totaled $94.10 million, or $0.65 per share. This was higher than $91.90 million, or $0.64 per share, in last year's third quarter.

The company said revenue for the quarter fell 6.5% to $240.29 million. This was down from $256.97 million last year.

East West Bancorp earnings at a glance:

-Earnings (Q3): $94.10 Mln. vs. $91.90 Mln. last year. -Earnings Growth (Y-o-Y): 2.4% -EPS (Q3): $0.65 vs. $0.64 last year. -EPS Growth (Y-o-Y): 1.6% -Revenue (Q3): $240.29 Mln vs. $256.97 Mln last year. -Revenue Change (Y-o-Y): -6.5%

-Guidance: Next quarter EPS guidance: $0.64 - $0.66 Full year EPS guidance: $2.67 - $2.69